Does leaving public office make you wiser?

It’s becoming a trend.

Alan Greenspan, a former Chairman of Federal Reserve, who strongly opposed government regulation, now admits that he was wrong and goes as far as to suggest that U.S. should consider breaking up banks that are “too big to fail.” Former Republican Senate Majority Leaders Bob Dole and Bill Frist are breaking the partisan line to express their support for health care reform.

Here is a question: would these people express the same sentiments had they still been in office? Hardly. Which is sad.


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